The Difference In Unemployment Between People Who Graduated From College And Those Who Didn't Is Gigantic

There's a lot of debate about the job and economic prospects for
the current generation of college graduates. The fact that
student debt has ballooned so much only exacerbates the tension
of whether graduates will be able to find good jobs in a timely
manner.

Despite all this, the latest jobs report confirms that folks with
a college degree (red line) have an unemployment rate far lower
than those who don't have one (blue line).

FRED

That being said, it is nice to see that the unemployment rate for
those without a college degree took a nice leg down in March,
dropping from 7.9 percent to 7.6 percent. In this chart, we zoom
in on the blue line above, and we made it a bar chart so you can
clearly see the change each month.

FRED

As you can see, it's been a good several months for the
population that didn't go to college, though the job prospects
for this group lag significantly behind those of people who did
graduate.